Hi Tred, good to see you here. I have been following this stock for almost a year now and already down 30% but future looks bright. I am sorry that holdencf is not treating you well BTW. He is a nice guy normally.
I think all he is saying is without a partnership there are global markets and opportunities ARWR would not be able to leverage anyway. So sharing a portion of the money that would not be made without a partnership should not hurt ARWR prospects. There are companies who can't make a dime despite having over 100M revenue a year (see VVUS) due to large sales force and general and administrative expenses. Partnership will eliminate all of those extra expenses and some sacrifice from future revenues should not hurt.